BBD stock icon

Banco Bradesco

2.34 USD
-0.04
1.68%
At close Nov 8, 4:00 PM EST
After hours
2.35
+0.01
0.43%
1 day
-1.68%
5 days
-4.49%
1 month
-14.60%
3 months
-8.95%
6 months
-13.65%
Year to date
-31.58%
1 year
-25.24%
5 years
-62.01%
 

About: Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Employees: 86,222

0
Funds holding %
of 6,759 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

20% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]

0% more funds holding

Funds holding: 240 [Q1] → 240 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

0.6% less ownership

Funds ownership: 16.33% [Q1] → 15.73% (-0.6%) [Q2]

11% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 95

25% less capital invested

Capital invested by funds: $2.48B [Q1] → $1.87B (-$609M) [Q2]

55% less call options, than puts

Call options by funds: $3.62M | Put options by funds: $8.03M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$3.20
37%
upside
Avg. target
$3.20
37%
upside
High target
$3.20
37%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Goldman Sachs
Tito Labarta
29% 1-year accuracy
4 / 14 met price target
37%upside
$3.20
Buy
Maintained
20 Aug 2024

Financial journalist opinion

Based on 3 articles about BBD published over the past 30 days

Charts implemented using Lightweight Charts™